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Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer

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To: queenleah who wrote (1649)10/17/2007 5:48:37 PM
From: InvesTing of 2121
 
Just because one is paranoid doesn't mean everyone is out to get them. I never said you lied. I just said that your revelations concerning how you followed Brinker's advice is a great case study for anyone even remotely thinking about paying the guy.

I don't know when you began subscribing to Brinker but it was a huge waste of money.

If you started in the early days of the 80s he was wrong in the only time to this very day that he went to 100% cash. He wandered around rather cluelessly and aimlessly at a less than fully invested position between 88 and 91. Anyone paying him was wasting their money. From 91 through 2000 he was fully invested. Paying him was a waste of time unless you were one of the nervous nellies that would have jumped out of the market without paying him 185 bucks a year to tell you to stay in the market.

And of course we know that group of nervous nellies didn't include you because even after Bob Brinker gave his partial sell signal that you claim you recall him foreshadowing in December 99 newsltter you did not take his advice. You had a whole year during which the market was above or right at his partial sell call, but you, one of Brinker's biggest defenders on many threads on the internet, did not sell anything.

BUT you did jump on his terrible advice to buy QQQs at around 80$ in October 2000 while still eschewing his advice to sell part of your portfolio. Indeed from August on he was claiming he was "BEARSISH" , and the market was higher than when he sent that newsletter in January.

It is obvious that subscribing to a newsletter in the late 80s would have been a disaster to follow. I am wondering if you were hurt by his only 100% sale in 88 and that caused you to not trust him?

At any rate from your claimed moves in not following Brinker's good advice and yet curiously following his bad advice, there is no apparent financial reason to have paid for a subscription to his newsletter unless you just like looking at those underperforming tables of stock funds month after month. :)

Your story shows that his chief defender on the internet obviously did not follow his advice when she should have and did follow his advice when she should not have.

That is of course the dangers of marketiming and I sincerly thank you for the candid disclosures that help point that out> It is particularly meaningful when someone who still subscribes (for what reason I cannot begin to imagine) and still touts the guy on the net admit that you had no financial benefit as a result of his advice. I sincerly thank you once again.
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